MBA in France is a postgraduate degree program available to individuals after the completion of a 4-year bachelor’s degree in Business or Finance related stream from a recognized university. Candidates who do not possess a UG degree can also apply. They must possess a higher secondary education certificate from a recognized board with at least 5 years of experience.
A majority of MBA colleges in France require GRE and GMAT scores for admissions. A GMAT score of 550 to 650 or more is considered an appreciable score. Additionally, in order to prove English proficiency, international applicants are required to have an IELTS overall score of 6.5 to 7.5.
The average tuition costs for studying MBA in France range from EUR 31,500 to EUR 98,500 which is equivalent to INR 27.4 Lakhs to INR 85.6 Lakhs. In return, candidates can expect a payout ranging from EUR 42,400 to EUR 111,800, equivalent to INR 36.9 Lakhs to INR 97.2 Lakhs, per year.
Also Check: Exams to Study in France.
MBA in France: Highlights
Courses Available | MBA | Executive MBA |
Course Type | Full-time | Part-time |
Program Duration | 10 to 34 months |
Degree Requirement | 4-year bachelor’s degree from a recognized university OR Higher secondary education from a recognized board with at least 5 years of experience |
Professional Experience | 3 to 5 years |
GMAT Score | 550 to 650 or more |
English Proficiency Requirements | IELTS: 6.5 to 7.5 overall score | TOEFL iBT: 84 to 100 overall score |
Annual Tuition Fees | EUR 31,500 to EUR 98,500 (INR 27.4 Lakhs to INR 85.6 Lakhs) |
Annual Salary Range | EUR 42,400 to EUR 111,800 (INR 36.9 Lakhs to INR 97.2 Lakhs) |
Top Employers | Hyatt Regency, Tata Consultancy Services, Amazon, Airbus |
Top MBA Colleges in France
The following are the top business schools in France along with their corresponding application deadlines, program duration, and tuition fees:
University | Program | Duration | Application Deadlines | Tuition Fee (EUR) |
---|---|---|---|---|
HEC Paris | MBA | 16 months | Sept Intake: 12 June 2023 Jan Intake: 13 Nov 2023 | 80,000 |
INSEAD | MBA | 10 months | 07 March 2023 | Aug 2023: 97,000 Jan 2024: 98,500 |
ESSEC Business School | Global MBA | 12 months | 22 May 2023 | 49,500 |
EDHEC Business School | Global MBA | 10 months | 31 May 2023 | 46,000 |
ESCP Business School | MBA in International Management | 10 to 34 months | 7 April 2023 | 53,600 |
Emlyon Business School | International MBA | 11 months | 12 June 2023 | 39,800 |
SKEMA Business School | Global Executive MBA | Full-time: 18 months Part-time: 24 months | Rolling | 38,000 |
Audencia Business School | International MBA | 1 year | 31 Jan 2023 (Closed) | 31,500 |
Neoma Business School | MBA | Global Executive MBA | 1 year | 15 to 20 months | Rolling | 37,900 |
Why study MBA in France?
MBA in France caters to intensive education and practical comprehension in the fields of business, finance, and management. Some of the major reasons to study MBA in France are pointed out as follows:-
- 6 of the top business schools in France rank among the top 100 universities of the world for MBA programs, as per QS Rankings 2023.
- MBA graduates are highly in demand all across the globe with an average salary ranging from EUR 42,400 to EUR 111,800 (INR 36.9 Lakhs to INR 97.2 Lakhs). Some of the top employers of MBA in France along with the average salaries are given below:
- MBA in France can be completed in a period of time as small as 10 months, which is even less than a year.
- France boasts some of the most prominent companies in significant industries worldwide, including BNP Paribas and AXA in finance, European Aeronautic Defence and Space Company (EADS) in aerospace, LVMH and Kering in luxury, Accor in tourism, Renault-Nissan, PSA, and Michelin in automotive, and Carrefour in retail.
- France falls among the top study-abroad destinations for pursuing MBA.
Admissions to MBA Colleges in France
Applications for MBA in France are invited by top universities in several distinct rounds. Therefore, candidates are advised to keep an eye on the deadlines. In order to take admission into MBA in France individuals are required to submit English proficiency scores as well as GMAT/GRE scores. A GMAT score ranging from 550 to 650 is considered admission-friendly.
MBA in France: Eligibility Criteria
The top business schools in France have following the given eligibility criteria in order to select national and international students for MBA in France:-
- 4-year bachelor’s degree from a recognized university with at least 3 years of professional experience OR Higher secondary education from a recognized board with at least 5 years of experience including 3 years of managerial experience
- 2 academic and 1 professional Letter of Recommendation (LOR)
- A 500-750 word Statement of Purpose (SoP)
- Official transcript or certified copies of transcripts
- Updated Resume or CV
- Personal Interview
- A valid passport
- French Student Visa
- Proof of English Proficiency:-
- IELTS: 6.5 to 7.5 overall score
- TOEFL iBT: 84 to 100 overall score
MBA in France: Admission Requirement
The following are the university-wise admission requirements for studying MBA in France:
University | Bachelor’s Degree Requirements | GMAT Score | English Language Requirements |
---|---|---|---|
HEC Paris | An undergraduate degree from an accredited institution with at least 2 years of professional experience | Higher secondary education from a recognized board with at least 5 years of experience including 3 years of managerial experience | 690 | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100 |
INSEAD | Bachelor’s degree from a recognized university | 640 | IELTS: 7.5 (with at least 7 in each band) | TOEFL: 100 (at least 25 in each section) |
ESSEC Business School | 4-year bachelor’s degree from a recognized university | 600 | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100 |
EDHEC Business School | Bachelor’s degree from a recognized university | 650 | IELTS: 6.5 (with at least 6 in each band) | TOEFL: 95 |
ESCP Business School | 4-year Bachelor’s degree or a Master’s degree from a recognized university | 650 | IELTS: 7 (with at least 6.5 in each band) |
Emlyon Business School | 4-year bachelor’s degree from a recognized university | 620 | IELTS: 7 (with at least 6.5 in each band) |
SKEMA Business School | 4-year Bachelor’s degree or a Master’s degree from a recognized university | Not mandatory | IELTS: 7 (with at least 6.5 in each band) |
Audencia Business School | Bachelor’s degree from a recognized university | 700 | IELTS: 6.5 (with at least 6 in each band) | TOEFL: 84 |
Neoma Business School | 3-year bachelor’s degree from a recognized university | – | IELTS: 7 (with at least 6.5 in each band) |
MBA in France: Work Experience Requirements
Work experience is an important requirement for admission to MBA in France. Tabulated below are the minimum work experience required by the college and the average work experience of the enrolled students:
Top Business Schools in France | Work Experience required |
---|---|
HEC Paris | 2-5 years |
ESSEC Business School | 3 years |
EDHEC Business School | 3 years |
ESCP Business School | 2 years |
Emlyon Business School | 3 years |
SKEMA Business School | 2 years |
Audencia Business School | 3 years |
Neoma Business School | 5 years |
MBA in France: Deadlines
The application procedure for MBA in France commences in several rounds. The available intake rounds for some of the top universities offering MBA in France are given below:
University | Deadlines |
---|---|
HEC Paris | Round 3: 13 March 2023 | Round 4: 10 April 2023 | Round 5: 15 May 2023 | Round 6: 12 June 2023 | Round 7: 14 Aug 2023 | Round 8: 11 Sept 2023 | Round 9: 13 Oct 2023 | Round 10: 13 Nov 2023 |
INSEAD | Round 1: 07 March 2023 | Round 2: 18 April 2023 | Round 3: 27 June 2023 | Round 4: 28 Aug 2023 |
ESSEC Business School | Round 5: 20 March 2023 | Round 6: 17 April 2023 | Round 7: 22 May 2023 | Round 8: 19 June 2023 |
EDHEC Business School | 31 May 2023 |
ESCP Business School | Sept Round 7: 07 April 2023 | Sept Round 8: 05 May 2023 |
Emlyon Business School | Session 3 : 17 April 2023 Session 4 : 12 June 2023 |
Audencia Business School | 31 Jan 2023 (Closed) |
MBA in France: Costs
Cost of studying a postgraduate program in an international country includes the tuition costs, cost of living, and scholarships/grants available to reduce this amount. The following sections elaborate costs involved for an international student planning to study in france:
MBA in France: Tuition Fee
The average tuition fee for an MBA in France ranges from EUR 31,500 to EUR 98,500 which is equivalent to INR 27.4 Lakhs to INR 85.6 Lakhs. The university-specific study costs for MBA in France are tabulated as follows:-
University | Tuition Fee (EUR) | Tuition Fee (INR) |
---|---|---|
HEC Paris | 80,000 | 69.5 Lakhs |
INSEAD | 97,000 | 84.3 Lakhs |
ESSEC Business School | 49,500 | 43 Lakhs |
EDHEC Business School | 46,000 | 40 Lakhs |
ESCP Business School | 53,600 | 46.6 Lakhs |
Emlyon Business School | 39,800 | 34.6 Lakhs |
SKEMA Business School | 38,000 | 33 Lakhs |
Audencia Business School | 31,500 | 27.4 Lakhs |
Neoma Business School | 37,900 | 32.9 Lakhs |
Cost of Living in France
France is one of the most popular study abroad destinations, especially for MBA which is due to the quality of education and standard of living. The average cost of living in France revolves around EUR 900 per month, equivalent to INR 78,500. Apparently, the cost of living in France is twice the cost of living in India. The following are the items and expenses in France:-
Type of Expense | Monthly Cost in EUR | Equivalent Cost in INR |
---|---|---|
1-bedroom Apartment | 590 - 720 | 51,500 - 62,850 |
3-bedroom Apartment | 1,100 - 1,450 | 96,000 - 1.27 Lakhs |
Food | 15 - 60 | 1,300 - 5,250 |
Electricity | 165 | 14,400 |
Internet | 30 | 2,600 |
Transportation | 65 | 5,700 |
Gym | 35 | 3,000 |
MBA in France: Scholarships
With a high cost of living and higher tuition costs it becomes highly difficult for a middle-class student to make the ends meet. Therefore, they may utilise university scholarships and national grants in order to fund their education in the top MBA colleges in France. Some of the popular scholarships in France for international students are tabulated as follows:-
Scholarship | University | Eligibility | Award |
---|---|---|---|
HEC Paris MBA Scholarship for Excellence | HEC Paris | Candidates studying MBA at HEC Paris with academic excellence | Up to 50% of tuition fees |
Early Bird Scholarship | ESSEC Business School | Candidates who apply before 20 Feb 2023 | EUR 5,000 |
Excellence Scholarship | EDHEC Business School | Candidates studying MBA with GMAT score of 650 or more | Up to 50% of tuition fees |
Woman in Leadership Scholarship | ESCP Business School | Female candidates studying at ESCP Business School | EUR 15,000 |
Social Diversity Scholarship | Emlyon Business School | Candidates hailing from different social groups | Up to 30% of tuition fee |
Eiffel Excellence Scholarship | Government of France | For students pursuing a master's or PhD degree in France | Open to students from non-European Union countries. | 1,181 EUR |
Charpak Scholarship | Government of France | For students pursuing a master's degree in France | Open to Indian nationals. | Monthly stipend of 860 EUR for living | Student Visa and Etudes en France fee waiver |
MBA in France: Placements
MBA in France guarantees high paying jobs to individuals into several well-established companies of the world. The average annual salary received ranges from EUR 42,400 to EUR 111,800, equivalent to INR 36.9 Lakhs to INR 97.2 Lakhs.
Job Profile | Annual Salary (EUR) | Equivalent Salary (INR) |
---|---|---|
Business Consultant | 47,750 | 41.5 Lakhs |
Business Analyst | 42,400 | 36.9 Lakhs |
Assistant Accounting Manager | 48,450 | 42.1 Lakhs |
Deputy CFO | 111,800 | 97.2 Lakhs |
Finance Manager | 62,600 | 54.5 Lakhs |
Business Development Manager | 50,700 | 44 Lakhs |
Strategy Director | 91,500 | 79.6 Lakhs |
Economist | 52,800 | 45.9 Lakhs |
MBA in France vs MBA in USA
A comparison between the MBA program offered in France and the USA is given in the following table:-
Particulars | MBA in France | MBA in USA |
---|---|---|
Duration | 10 to 34 months | 2 years |
Degree Requirement | 4-year bachelor’s degree from a recognized university | 4-year bachelor’s degree from a recognized university |
Average Work Experience Required | 4 years | 5 years |
GMAT Score | 550 to 650 or more | 700+ |
ELP Score | IELTS: 6.5 to 7.5 overall | TOEFL iBT: 84 to 100 overall | IELTS: 7 overall score | TOEFL iBT: 70 to 100 overall |
Annual Tuition Fees | EUR 31,500 to EUR 98,500 (INR 27.4 Lakhs to INR 85.6 Lakhs) | USD 48,000 to USD 85,350 (INR 39.4 Lakhs to INR 70 Lakhs) |
Graduate Salary | EUR 42,400 to EUR 111,800 (INR 36.9 Lakhs to INR 97.2 Lakhs) | USD 105,600 (INR 86.6 Lakhs) |
MBA in France is a prestigious degree to possess as it corresponds to high-paying job opportunities as well as appreciable chances of a pay raise. Furthermore, it allows an individual to either work for a company or start his/her own concern and build his/her own empire.
FAQs
Ques: Which MBA is best in France?
Ans: The following are the top universities offering the best MBA programs in France:
- HEC Paris
- INSEAD
- ESSEC Business School
- EDHEC Business School
- ESCP Business School
- Emlyon Business School
- SKEMA
- Business School
- Audencia Business School
- Neoma Business School
Ques: How much does an MBA cost in France?
Ans: The average tuition costs for studying MBA in France range from EUR 31,500 to EUR 98,500 which is equivalent to INR 27.4 Lakhs to INR 85.6 Lakhs.
Ques: Is GMAT required in France?
Ans: Yes, for admission to most MBA colleges in France, it is common for applicants to be required to submit their GRE and GMAT scores. Typically, a GMAT score of 550 to 650 or higher is regarded as a good score.
Ques. Is MBA taught in English in France?
Ans. MBA trains an individual in business development and global leadership skill enhancement which allows one to establish a business worldwide. Therefore, it is a plus point that MBA is taught in English in France.
Ques. Can I automatically get a scholarship while studying MBA in France?
Ans. There are several business schools that consider students pursuing an MBA in France without even the need for their application for a scholarship. These are basically excellence scholarships and early bird scholarships that may provide up to a 50% fee waiver.
Ques. What are the top recruiters for MBA graduates in France?
Ans. Several well-established and popular companies hire MBA in France graduates, such as:-
- Accuracy
- Amazon
- Barclay’s
- BCG
- Capgemini
- Citi, etc.
Ques. Is prior experience required for studying MBA in France?
Ans. A majority of business schools require the applicant to possess a prior relevant experience of at least 3 to 5 years in a reputed concern. It also helps candidates without a degree to apply for an MBA program.